Mercy Foundation
Nonprofit profile at a glance
- EIN
- 237072762
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Rancho Cordova, CA, USA
- Phone
- 9168512700
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $11,466,230
- Expenses
- $10,270,458
- Assets
- $58,392,804
- Liabilities
- $2,577,121
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- KEVIN DUGGAN (PRESIDENT AND CEO MERCY FO)
Highest reported compensation
- KEVIN DUGGAN (PRESIDENT AND CEO MERCY FO): $500,053 total reported compensation
- KATHLEEN P LOPEZ (SR DIRECTOR OF PHILANTHROPY): $271,335 total reported compensation
- CATHERINE SMITH (MANAGER OF OPERATIONS): $200,354 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Inspired by the mission of the sisters of mercy to connect those with resources to those in need, mercy foundation raises philanthropic support and community awareness to enhance the lives of people in the communities we serve. Mercy foundation focuses on healthcare, education, housing, and care for the poor and elderly.
What it reported doing in 2024
Many ministries, one missionmercy foundation raises funds on behalf of the following ministries supported by the sisters of mercy within the sacramento region, with one mission: to enhance the lives of people in the community.health care (partial list)dignity health cancer institute of greater sacramentodignity health heart and vascular institute of greater sacramentodignity health neurological institute of northern californiamercy general hospitalmercy hospital of folsommercy san juan medical centermethodist hospital of sacramentomercy medical groupmercy hospicems achievement center educationeducationcristo rey high school sacramentohousingmercy housing California other ministriesother ministriesbruceville terracecare for the poor and elderlymercy center auburnmercy mcmahon terracemercy pedalerssacramento loaves & fishesmercy foundation receives an operating grant from dignity health enabling one hundred percent of a donor's contribution to go directly to the program/ministry of their choice.for more information on how you can partner with mercy foundation to further the mission of the sisters of mercy and have a positive impact on those in need in our community, visit our website at www.supportmecyfoundation.org or call 916-851-2700.mercy pedalersmercy foundation has provided continued funding to mercy pedalers, a volunteer organization whose members reach out to men and women experiencing homelessness to offer drinks, nutritious snacks, hygiene items, and connections to vital support services. With a sense of dignity, respect and love, volunteers pedal through the streets of sacramento and start conversations with members of our community who often feel invisible, and, with humanity and compassion, introduce available services to people who may be reluctant to seek help on their own. The medical safe haven at dignity health methodist hospital of sacramentomercy foundation is proud to support the medical safe haven, which helps victims navigate out of trafficking and find a path to healing and recovery and become survivors. This vital health care ministry saves and improves the lives of hundreds women, men and children each year. Generous donations help provide a caring medical staff and support team who provide comprehensive medical and behavioral health care, including patient care visits, transportation, medications, lab work and more. This important program helps some of the most vulnerable women and children in our community and beyond.sisters of mercy catholic schools endowmentmany sacramento area families dream of providing a catholic education for their children, but for some, despite hard work and economic gains, the ability to pay for the cost of the education is beyond their reach. To help secure a bright future for children of deserving sacramento families who desire-but cannot fully afford-to enroll in catholic schools, the catholic schools endowment initiative will support tuition assistance for families, staff faith formation, and student faith formation. These funds will ensure future generations of underserved families will be able to educate their deserving children in the catholic tradition and continue to remind the community of the legacy of the sisters of mercy and their contributions to catholic education.
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 75
- Accountability: 92
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.8%; rating input score 81
- Program expense ratio: 77.8%; rating input score 78
- Fundraising efficiency: $5.77 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 95%; rating input score 95; 28th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.4%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 5.69; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 84; 84th percentile among comparable filings
- Officer compensation ratio: 11.4%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 20th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 21st percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 80.8% of revenue deployed · 77.8% of spending went to programs
- Governance: 19 of 20 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $8M in reported program spending
- Leadership: top reported pay $500K · 24 people listed · 1 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 23/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Sustainability: Officer compensation ratio scored 16/100.